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2026 Layoffs (Year to Date) 
Intel: Continued to struggle, with reports in January 2026 indicating a further 5x acceleration of layoffs in Oregon, bringing total Oregon cuts to over 3,000. The company is slashing 15–20% of its personnel in its foundry division, aiming for a 31% total reduction to 75,000 employees.
ASML: Announced plans to cut roughly 1,700 jobs (4% of the company) in January 2026 to reduce management layers.
Synopsys: Reports indicate a roughly 10% workforce reduction (approx. 2,000 employees) scheduled for early 2026 following its Ansys acquisition.
Small/Mid-Cap: Multiple specialized, smaller firms, such as a Bay Area semiconductor testing company, have announced cuts, citing AI-driven industry restructuring. 
2025 Layoffs
Onsemi: Announced a global restructuring plan in early 2025 to cut roughly 2,400 jobs (approximately 10% of its workforce) to combat weak demand in the automotive sector.
Applied Materials: Announced in late 2025 that it would cut 4% of its global workforce (roughly 1,400 employees) as part of a restructuring to prepare for, paradoxically, long-term growth, despite immediate pressure from export restrictions.
Microchip Technology: Announced in March 2025 that it would cut 2,000 employees due to declining demand in the automotive market.
STMicroelectronics: Reports in early 2025 indicated a potential reduction of up to 5,000 jobs due to a sharp slump in sales.
NXP Semiconductors: Reported restructuring efforts in early 2025, with employees stating layoffs were occurring, alongside the sale of their Austin headquarters. 
2023–2024 Layoffs 
Intel (2024): Announced a major, sweeping 15,000-job cut in August 2024, representing one of the largest staff reductions in the industry to align with a new operating model.
Onsemi (2023): Initially cut about 1,900 employees in 2023 to improve operational efficiency.
Micron Technology (2023): Announced a 10% reduction in staff in early 2023 due to severe supply/demand imbalances in memory (DRAM/NAND

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